Weapons Sales in the United Kingdom decreased to 741 USD Million in 2018 from 1235 USD Million in 2017.

Weapons Sales in the United Kingdom averaged 2049.07 USD Million from 1950 until 2018, reaching an all time high of 5966 USD Million in 1956 and a record low of 741 USD Million in 2018. United Kingdom Weapons Sales - values, historical data and charts - was last updated on July of 2020. source: SIPRI

Weapons Sales in the United Kingdom is expected to reach 1214.83 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Weapons Sales is projected to trend around 1244.48 USD Million in 2021 and 1212.93 USD Million in 2022, according to our econometric models.

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United Kingdom Weapons Sales

Actual Previous Highest Lowest Dates Unit Frequency
741.00 1235.00 5966.00 741.00 1950 - 2018 USD Million Yearly
constant 1990 prices

United Kingdom Trade Last Previous Highest Lowest Unit
Balance of Trade 305.00 -3956.00 7089.00 -7561.00 GBP Million [+]
Current Account -21146.00 -9220.00 2668.00 -35787.00 GBP Million [+]
Current Account to GDP -3.80 -3.90 2.70 -5.20 percent [+]
Imports 37407.00 50674.00 65381.00 1031.00 GBP Million [+]
Exports 37712.00 46718.00 63181.00 962.00 GBP Million [+]
External Debt 7206055.00 6687051.00 7206055.00 565439.00 GBP Million [+]
Capital Flows -5388.00 22371.00 42975.00 -12724.00 GBP Million [+]
Foreign Direct Investment -17870.00 -9031.00 92093.00 -44536.00 GBP Million [+]
Gold Reserves 310.30 310.29 588.27 310.25 Tonnes [+]
Crude Oil Production 1068.00 1081.00 2821.00 1.00 BBL/D/1K [+]
Auto Exports 4260.00 152.00 136305.00 152.00 Units [+]
Goods Trade Balance -7490.00 -11853.00 775.00 -16756.00 GBP Million [+]
Terrorism Index 5.41 5.61 5.68 4.19 [+]
Tourism Revenues 2310.00 1940.00 3144.00 126.00 GBP Million [+]
Tourist Arrivals 3210.00 2920.00 4168.00 540.00 Thousand [+]
Weapons Sales 741.00 1235.00 5966.00 741.00 USD Million [+]


United Kingdom Weapons Sales
Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.